“A growth hacker is a person whose true north is growth.” – says Sean Ellis, the growth hacking guru.
Growth hacking is the revolutionary element in the world of startups, entrepreneurship and marketing which has changed the fate of millions of startups and business ventures providing a sudden, long-lasting boost in terms of their progression and changed the dynamics of their customer bases for good.
Remember that, a growth hacker is differentiates from a traditional marketer in ways such as adopting various roles as of an engineer that has the potential to grow a business, an advertiser who engages the customers and a product manager who brands the products for the long-term gliding of the business plane through effective airborne push right in the start. Here are 5 growth hacking tips that you must consider for your business’s success and thank me later
- Your product must be perfect
The only way to grow your business is to have more people use or talk about your products and services and that can only happen when you whole-heartedly meet up with the needs and preferences of your targeted market/audience. A product-market fit must be your first and foremost priority as a growth hacker whilst having a strong analysis of your competitive-market research. If you are able to fight off that competition, it will work as a catalyst for the growth of your business.
To make your product perfect, go out on the ground and be receptive of your customer’s feedback. Let them criticise, object and compare your product with your competitors – you instead, must be an active listener with an intention to improve your product.
- Set actionable goals
A growth hacker’s only focus is growth. As Neil Patel says, “the power of a growth hacker is in his obsessive focus on a singular goal. By ignoring almost everything, he can achieve the one task that matters most early on.”
Hence, it is extremely important for your business that you set precise and focused goals, that will help you achieve growth with maximum time investment and through effective approach refinement. Make sure your goals are practical, actionable and realistic. Keep a log of your day-to-day progress.
- Invest in your team
Investing in your startup requires you to have the right skills and expertise on -board to make it work in the longer run. Most startups, overlook the idea of hiring a team with sharpened skills and actual, practical knowledge of their areas of interest – however, with those skills, you can hit a dynamic customer base filling your cup of advantages not just internally, but outside as a growth hack. Investing in a good team today will bring you a long-lasting outcome tomorrow.
Having inexperienced, enthusiastic employees will require an internal effort to first, train them and make them capable of the work that is required from them, and testing whether they would be fruitful or not. As a growth hacker, you are not here to test, you have to perform and raise the competitive bar with tangible results.
- Leverage social media as a go-to strategy
Social media is the perfect platform for start-ups to get in progress with their marketing campaign especially for targeting millennials as they are the largest consumer demographics and are available readily on social media. The best way to leverage social media for your small businesses and startups is to join relevant groups and build up a network for rapport-building among your targeted customers.
With that, you will be able to analyse the needs and wants of your target markets. Make sure, once you have your own representation on social media through a page or a group, you engage your audience and target customers to help build a community for your business that would stay loyal to you for long-term.
- Keep a track of your progress
When you have just started climbing the stairs of growth, it is very important to keep a track of your foot-steps. One of the ways to measure your effort is through effectively monitoring sales channel, future predictability of revenue streams and the consumer engagements through marketing campaigns. Through this tracking procedure, you would be able to make better decisions for yourself in the future and having a data-driven approach will help you create sustainable and measurable outcomes.
Taking the first step of launching a start-up is daunting but beyond that it is an effort, which can be surrounded by risks and failures, but leveraging the available opportunities whole-heartedly will help your business grow in the long-run.
Kerwin Rae Shares How He Has Helped Over 100,000 Entrepreneurs Succeed and Grow
Kerwin Rae is Australia’s leading business strategist and high performance specialist helping over 100,000 businesses, in 154 different industries, throughout 11...
Brock Pierce Wants To Disrupt The Two Party System And Be Your Next President
We don’t usually cover politics much here at Disrupt, but when Crypto billionaire and friend of the show, Brock Pierce...
John Mcafee – Predictions For The Future
John McAfee is a world-famous tech CEO, computer scientist, civil disobedience activist, privacy advocate, and pioneer of the commercial anti-virus...
Gaby Wall Street – Teaching Latinas to Thrive During The Crisis
It’s no secret we are facing one of the most challenging financial times of the last few decades as we...
Tony Delgado – The #1 Entrepreneurship Movement In Puerto Rico
Puerto Rican online market is in constant progress. With many entrepreneurs who are coming here to start a business, it...
Elena Cardone – The 10X Ladies Conference Is Declaring 2020 The Decade For Women
The next ten years are meant for women to continue growing their potential and succeeding in multiple areas, including business....
How Josh Elizetxe Built Snow Into a $40 Million Dollar Business
There is nothing quite like an entrepreneur’s determination when starting a business. That’s my original quote by the way (pun...
How Jason Capital Became A Self Made Millionaire By 24
Have you ever wanted to earn the respect of everyone who ever looked down on you at some point in...
Sam Bakhtiar On His Way To A Quarter Billion
Dr. Saman Bakhtiar, who prefers being referred as Sam, lives in an 8200 square foot $5.2 million house, Sam is...
Entrepreneurship2 weeks ago
Uncovering the Stories of the World’s Most Impactful Entrepreneurs: Meet Dr. Amit Kumar CEO of Anixa Biosciences
Executive Voice2 weeks ago
Endexx Announced Joint Venture with DJ Khaled and Now Its The Stock to Own
Community1 week ago
Mover and Shaker, Money Maker & Law Breaker: Meet Mac Mcclafferty
Community1 week ago
Who Is Bando Beej?
Executive Voice2 days ago
Grant Cardone Stars In Movie Alongside Robert De Niro
Community2 weeks ago
British Model Bonnie Locket is Taking Social Media by Storm
Branding5 days ago
Disrupting or Disturbing? This Might Just Change The Way You Buy Your Next Pair of Football Boots
Entrepreneurship1 week ago
To Live And Sell Authentically With Austin Bergman, Fort Lauderdale’s Leading Luxury Agent